50 High Street, City Centre Sheffields1

50 High Street, City Centre Sheffield S1 1QH

PROPOSED VIEW FROM CASTLE SQUARE - CGI FOR INDICATIVE PURPOSES ONLY

1 50 High Street, City Centre, Sheffield S1 1QH SUBSTANTIAL 99,782 SQ FT (9,270 SQ M) CITY CENTRE DEVELOPMENT OPPORTUNITY The Moor Shefﬁeld Amphitheatre

Shefﬁeld Station

Shefﬁeld Retail Quarter

Peace Gardens

Primark

Bus Station John Lewis Crucible Theatre

Pinstone Street

Orchard Square Shopping Centre Fargate

2 50 High Street, City Centre, Sheffield S1 1QH Executive Summary

· The City of Sheffeld is the principle commercial centre in South Yorkshire and lies approximately 35 miles (56 km) south west of Leeds and 39 miles (62.7 km) east of Manchester.

· Located opposite the main Sheffield Hallam Campus in the heart of Sheffeld city centre. The property is situated in a prominent position at the junction of the High Street and Arundel Gate.

· The subject property benefits from a GIA of 99,782 sq ft (9,270 sq m) of existing accommodation at first to fourth floors.

· Existing planning permission approved for the development of 121,796 sqft (11,315 sqm) GIA of student accommodation over basement, lower ground, ground and 6 upper floors.

· Consent granted for 330 new student bed spaces (38 cluster and 63 studios) with communal, ancillary and access facilities.

· New long leasehold interest of 250 years, with full vacant possession of the upper floors offered, (Subject to service charge).

· Offers are invited in excess of £4,000,000 (FOUR MILLION POUNDS) for the long leasehold of the property, reflecting a low capital value of £45 per sq ft. Subject to contract and exclusive of VAT.

3 50 High Street, City Centre, Sheffield S1 1QH BO 50 High Street LSOVER STRE

BROOK HILL

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R E P P U

RETAIL QUARTER DEVELOPMENT

A N O V E R W A Y

4 50 High Street, City Centre, Sheffield S1 1QH Location Situation

The City of Sheffeld is the principle commercial centre in South Yorkshire and is The property is prominently situated in the heart of Sheffeld city centre, on the situated approximately 35 miles (56 km) south west of Leeds and 39 miles (62.7 km) east corner of the High Street and Arundel Gate and backing onto the main Sheffeld Hallam of Manchester. The City is famous for popular attractions such as The Winter Gardens, university campus. The Crucible Theatre and the Peak District and both the University of Sheffeld and Sheffeld Hallam University. The High Street provides part of the city’s main retail pitch that stretches from the High Street, through Fargate and to the Moor. In addition the High Street provides a Rail links in Sheffeld are also strong with regular direct services to Manchester (51 principle route for main Bus and Tram Services connecting the Centre of Sheffeld to minutes), Leeds (41 minutes), Nottingham (46 minutes), Birmingham (1 hour 4 minutes) the surrounding areas. and London (2 hours 4 minutes). The City further benefts from modern local public transport systems to include a railway service, Supertram and local bus network.

The city has a large student population and is home to approximately 10,000 international Location Map students, centered by two world renowned University’s.

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 Bus or Tram Stops Subject Property Sheffield Hallam University Buildings Proposed route of HS2/HS2 Sheffield Hallam City Campus Main UK Motorways

5 50 High Street, City Centre, Sheffield S1 1QH Description

The property was formally a department store comprising a substantial building of 99,782 sq ft (9,270 sq m) GIA at frst to fourth floors sitting over three large retail units at ground floor level fronting on to the High Street and Arundel Gate. OS Plan B&W

The ground floor retail, currently let to Sports Direct, British Heart Foundation and Poundland, is to be retained by the vendor.

435500 435600 Seperate access is provided to the upper parts.

A full schedule of accommodation is available upon request.

EXISTING AREAS Level GIA (sq m) GIA (sq ft) -1 799 8,600 LG 98 1,055 387500 387500 UG 107 1,152 1 2,539 27,330 2 2,486 26,759 Proposed view from Castle Square 3 2,448 26,350 4 793 8,536 Total 9,270 99,782

Planning Consent

The property has the beneft of a planning consent for the full development of 330 bed spaces (provided in 38 cluster flats and 63 studios) with communal, ancillary and access facilities, and may suit other uses such as hotels and residential subject to necessary consent.

The consent granted allows for an additional two floors to be added at the property creating a total for the new development of 121,795 sq ft (11,315 sq m). 387400 387400

Further details can be provided at: https://planningapps.sheffield.gov.uk/online-applications/applicationDetails. do?activeTab=summary&keyVal=P4XBN4NYM5V00

6 50 High Street, City Centre, Sheffield S1 1QH 435500 435600

Metres 0 5 10 20 30 40 50 Scale: 1:1250

50 High Street Sheffield Supplied by: National Map Centre S1 2GE Plot centre co-ordinates: 435584,387432 License number: Herts100031961 Download file: LP_50HighSt_S1.zip Produced: 01/11/2018 Project name: LP_50HighSt_S1 Serial number: 2046064

The copyright of this drawing is vested with Corstorphine + Wright Ltd and must not be copied or reproduced without the consent of the company.

Figured dimensions only to be taken from this drawing. DO NOT SCALE. All contractors must visit the site and be responsible for checking all setting out dimensions and notifying the architect of any discrepancies prior to any manufacture or construction work.

NOTES:

ROOM KEY:

STUDIO ROOM

CLUSTER ROOM

CIRCULATION

STUDENT SOCIAL SPACE

Internal View of lightwell PLANT / SERVICING / BOH Internal View of lightwell

RETAIL UNIT: POUNDLAND

RETAIL UNIT: BRITISH HEART FOUNDATION

RETAIL UNIT: SPORTS DIRECT

RETAIL UNIT: NORTHERN POWER

M U L B E R R Y S T R E E T ( P A T H )

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3/4 bed Electrical Riser

3/4 bed 8 bed 42" Bracket mounted TV 42" Bracket mounted TV 3/4 bed bed 3/4 3/4 bed 3/4 bed 3/4 bed 3/4 bed

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REV DATE NOTES CHK

Client TELLON

Project 50 HIGH STREET, C A S T L E S Q U A R E SHEFFIELD

Drawing Title PROPOSED LEVEL 02-05 FLOOR PLAN

Drawn Checked Paper Size Scale Date NB ML A1 1:200 JAN 2018

Floors 2-5 Project No. Drawing No. RearRevision Elevation 17111 0314 P-03

Warwick Proposed Second to Fifth Floor Plan London Birmingham

N 0 10m 20m Manchester Leeds Scale Bar 1:200 Canterbury Glasgow Dublin Brook Hall Brook Street Warwick CV34 4BL 7 Tel. 01926 658444 www.corstorphine-wright.com 50 High Street, City Centre, Sheffield S1 1QH Tenure Further Information

Our client will be disposing of a new 250 year leasehold interest to the upper parts, Should you wish to view the property or require any further information please contact subject to service charge agreements. the sole agents.

Matthew Clarke Lewis & Partners [email protected] 15/19 Cavendish Place, VAT London M. 07785 236 211 W1G 0QE Value Added Tax will be applicable on the sale of this property. Ben Lewis 0207 580 4333 [email protected] Tel: Fax: 0207 580 5111 M. 07887 553 674 www.lewisandpartners.com KYC Joe Rantor All parties will have to comply with the necessary KYC checks. [email protected] M. 07976 599 374 Proposal Richard Dunn Sanderson Weatherall Offers are invited in excess of £4,000,000 (FOUR MILLION POUNDS) for the long [email protected] 6th Floor Central Square, leasehold of the property, reflecting a low capital value of £45 per sq ft. Subject to 29 Wellington Street, contract and exclusive of VAT. M: 07801 767859 Leeds Tel: 0113 221 6137 LS1 4DL

Peter Heron www.sw.co.uk [email protected] M: 07843 634 158 Tel: 0113 221 6140 SUBJECT TO CONTRACT AND EXCLUSIVE OF VAT

LEWIS & PARTNERS LLP AND SANDERSON WEATHERALL FOR THEMSELVES AND THE VENDORS OF THIS PROPERTY WHOSE AGENT THEY ARE GIVE NOTICE THAT:-

1. These particulars do not constitute any part of the offer for sale or contract for sale. 7. Any properties or drawings of the relevant property or part thereof or the neighbouring areas may not depict the property or the 2. All statements contained in these particulars as to this property are made without responsibility on the part of Lewis & Partners LLP and neighbouring areas at the date a prospective purchaser or tenant inspects the property. Prospective purchasers are strongly advised to Sanderson Weatherall or the vendors or lessors. inspect the property and neighbouring areas. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 8. Lewis & Partners LLP and Sanderson Weatherall have not measured the property and have relied upon clients information. Therefore Lewis 4. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in & Partners LLP and Sanderson Weatherall give no warranty as to their correctness or otherwise and the purchasers must rely on their own these particulars. measurements. 5. Any plans or photographs or drawings shown in these particulars are to enable prospective purchasers or tenants to locate the property. The 9. All terms quoted are exclusive of value added tax unless otherwise stated. plans are photographically reproduced and therefore not to scale except where expressly stated. The plans, photographs or drawings are for 10. The vendors do not make nor do Lewis & Partners LLP and Sanderson Weatherall any person(s) in their employment give any warranty identification purposes only. whatsoever in relation to this property. 6. No warranty or undertaking is given in respect of the repair or condition of the properties or any items expressed to be included in the sale. 11. These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. 12. These details were prepared as of SEPTEMBER 2020

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